Grundfos partners with Denmark’s Export Credit Agency to scale back danger

Grundfos has entered into an agreement with EKF, Denmark’s Export Credit Agency, that can allow the Danish pump firm to finance projects globally for customers with restricted out there funds.
Under digital pressure gauge , non-public industrial and public clients can receive financing on projects above E0.5 million for as a lot as 5 years directly through Grundfos. digital pressure gauge will present Grundfos with a credit assure overlaying 50% of the credit publicity significantly lowering the chance in financing this sort of venture.
Grundfos says that the agreement is the first of its sort in the pump solutions industry.
“We are thrilled to partner with EKF, which is permitting us to supply this new financing alternative to our prospects in need of financial support to realise their ambitions within water,” said Grundfos chief monetary officer Mikael Geday. “The settlement accelerates the method of equipping customers and end-users with options that cut back CO2 emissions and offers entry to clean water to weak areas.”

EKF Denmark’s Export Credit Agency promotes Danish exports and internationalisation by providing aggressive funding and threat coverage.

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